ADVANCE COLORADO (EIN 854192457) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

MICHAEL FIELDS

Phone

3032187150

Tax Period

2024-01-01 to 2024-12-31

ADVANCE COLORADO, founded in 2021, is a community nonprofit in the Public & Societal Benefit sector that reported $5.7M in total revenue in fiscal year 2024. Revenue surged 85% from the prior year, signaling strong growth momentum. Expenses of $5.2M left a modest 9% surplus.

Mission

ADVANCE COLORADO IS A CHARITABLE NON-PROFIT ORGANIZATION THAT SERVES A PUBLIC EDUCATION MISSION. ADVANCE COLORADO EDUCATES CITIZENS ON PRINCIPLES TO ENHANCE AND STRENGTHEN ACTIVE CITIZENSHIP IN A DEMOCRACY. SPECIFIC PUBLIC EDUCATION ISSUES INCLUDE: GOVERNMENT FISCAL RESPONSIBILITY; GOVERNMENT TRANSPARENCY AND ACCOUNTABILITY; LIMITED GOVERNMENT; FREE ENTERPRISE; LOWER TAXES, STRONG PUBLIC SAFETY, AND AN ACCOUNTABLE EDUCATION SYSTEM. ADVANCE COLORADO MAKES PUBLIC EDUCATION MATERIALS AVAILABLE TO THE GENERAL PUBLIC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,660,095

Program Service Revenue $0

Investment Income $55,821

Other Revenue $0

TOTAL REVENUE $5,715,916

Expense Breakdown

Grants Paid $2,424,300

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,581,577

Other Expenses $2,765,700

TOTAL EXPENSES $5,190,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,715,916	$3,089,582	+0.9%
Expenses	$5,190,000	$2,431,911	+1.1%
Net Income	$525,916	$657,671	-0.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL FIELDS	PRINCIPAL DIRECTOR	4.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$5,715,916	$5,190,000	$1,712,244	$525,916
2024	No data	No data	No data	No data
2023	$3,089,582	$2,431,911	$1,186,328	$657,671
2022	$1,659,138	$1,675,136	$528,657	$-15,998
2021	$1,000,047	$455,392	$544,655	$544,655

ADVANCE COLORADO